Corelation Inc. spent Labor Day weekend laboring with its newest client, converting Orion Federal Credit Union in Memphis, Tenn., to the San Diego core processing startup’s KeyStone platform.
The conversion at the $553 million was the company’s largest since its 2009 creation. Corelation said seven credit unions now have been converted to the KeyStone platform with another five awaiting conversion.
“Both organizations were faced with a huge task to not only get the conversion done but also to define and develop all of the software needed to bring an institution like Orion live on a new system,” said Corelation President Theresa Benavidez.
“We’re very pleased the conversion went well and we can now move forward with a system that will take us well into the future,” said Orion FCU CEO Daniel Weickenand.
“This efficiency in our new core system technology will permeate throughout the credit union in operations, lending, member service, teller transactions and more,” he said.
Orion FCU had been running on a Fiserv Spectrum platform, according to the Technology Survey from Callahan & Associates.
